Collections
GroenewaldLubbe Inc.'s collections deal with the ability to manage your bad debt both locally and internationally. It would be appreciated if you could keep our firm in mind when re-evaluating your current collection panel; or appointing a new collection agent. Thus we would be honoured to do your collections.
Coupled to our specialization and experience in the field, we have come to establish an excellent working relationship and history with trustees as well as auctioneers and auction houses in the Gauteng region. We believe our determination will guarantee yourselves the best possible service available. Our firm's willingness to work on a contingency fee enables us to work nationally with a tight knit network of correspondents.
Specialising in debt recovery, we also pride ourselves on our foreign collection skills. By “foreign”, we mean, the person has incurred debt with your group and either absconded, left the country in search of employment and/or taken an extended holiday.
Why GLA?
We are:
- Dynamic
- Profit and result driven
- Client satisfaction orientated
- Determined to add value to our clients' business
- Randburg
- Johannesburg
- Pretoria
- Springs
- Port Alfred
- Plettenberg Bay
- Windhoek (Namibia)
As we are on the panels of a number of the major South African financial institutions we understand the culture of the corporate world.
Elements such as:
- Turn around time
- Service
- Profit and result driven
Legal Flow
Normal procedures when we institute legal action:
- Issue summons
- Serve summons
- Return of service/non service
- Judgment
- Issue warrant of execution for the attachment of movables
- Attachment of movables
- Sale in execution
- Issue warrant of execution for the attachment of immovables
- Sale in execution
- If a shortfall still exists sect 65 proceedings will follow
Experience
The attorneys and staff of GroenewaldLubbe Inc.'s collection department have extensive experience in the Section 57/58 process within the following sectors of the market:
- Micro-Lending
- Formal Banking
- Retail
- Telecommunications
In our experience many financial institutions have tried in-house Section 57/58 projects without any real success. The success of the process depends largely on the following aspects:
- Timeous handover of delinquent matters
- Continuous monitoring and follow up
- Experienced field agents